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SKRR Exploration Inc. V.SKRR

Alternate Symbol(s):  SKKRD

SKRR Exploration Inc. is a Canada-based precious and base metal explorer with properties in Saskatchewan. The Company's primary exploration is focused on the Trans-Hudson Corridor in Saskatchewan in search of uranium, precious, and base metal deposits. Its projects include Clearwater West, Olson, Carp River, Father Lake, Irving, Ithingo and Cathro. It has entered into an option agreement with F3 Uranium Corp. to acquire around 70% interest in the Clearwater West Property comprising three contiguous mineral claims across 11,786 hectares (ha). It has acquired 75% of Eagle Plains' Olson gold property, comprising 20 mineral claims, located around 100 kilometers (kms) east of La Ronge, Saskatchewan, in the Deschambault Lake area. The Cathro gold property is located 50 kms northeast of the La Ronge, Saskatchewan from Eagle Plains. The Father Lake property has six contiguous mineral claims. The Carp River property is comprised of seven contiguous mineral claims totaling 6,731 ha.


TSXV:SKRR - Post by User

Bullboard Posts
Post by grassyknollguyon Feb 07, 2014 1:08pm
151 Views
Post# 22184798

financials and the fuu deal

financials and the fuu dealCurrently BRA has essentially zero working capital-check out their last financials and no announcements of any new funding. Given that , the FUU deal requires $700K by Oct 2014 with NO allotment of interest in the property AND an additional $2 million by Oct 2015 to earn a 30% interest in the property, add in a revolving door CEO atmosphere and the past history of the other directors, why would anyone want to invest in this company? Even more puzzling to me is that FUU would get tied up in a deal with this outfit.
Bullboard Posts